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If you have unsecured debt of under $10,000 and live in the Province of Ontario filing bankruptcy may not be the best option for you. We suggest you contact the Office of the Superintendent of Bankruptcy at 416-973-6441 to discuss your options, or you can visit their website here.

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Will consumer proposal be accepted

Does it matter how the money you owe is spent deciding acceptance of proposal

Posted from: Ontario

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One Response to “Will consumer proposal be accepted”

Barton Goth – Goth & Company Inc. -Trustee in Bankruptcy said...

While I am not 100% sure what you are asking, if you are referring to the Income and Expense breakdown you sent out with the consumer proposal, then the answser is Yes. Your creditors will often review this Income and Expense estimate that was provided when they are trying to determine if the offer contained in the consumer proposal is fair and reasonable.